Company Valuation: Finansa

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 1,314 1,383 1,183 2,013 1,001 420.5
Change - 5.26% -14.5% 70.15% -50.25% -58%
Enterprise Value (EV) 1 1,638 2,139 1,481 14,884 2,997 1,493
Change - 30.54% -30.74% 904.77% -79.86% -50.2%
P/E 5.89x -32.8x 11.3x 2.42x -0.33x -0.61x
PBR 0.47x 0.53x 0.46x 0.46x 0.49x 0.36x
PEG - 0x -0x 0x 0x 0x
Capitalization / Revenue 2.68x 6.68x 29x 1.49x 4.46x 1.49x
EV / Revenue 3.35x 10.3x 36.3x 11x 13.4x 5.28x
EV / EBITDA - - - - - -
EV / EBIT - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Dividend per Share 2 0.5 0.65 0.2 - - -
Rate of return 13.2% 16.3% 5.85% - - -
EPS 2 0.6455 -0.122 0.3034 1.66 -6.088 -1.381
Distribution rate 77.5% -533% 65.9% - - -
Net sales 1 489.6 207.1 40.78 1,347 224.3 282.8
EBITDA - - - - - -
EBIT - - - - - -
Net income 1 223.3 -42.19 104.9 685.4 -3,048 -691.3
Net Debt 1 324.2 755.4 298.5 12,872 1,996 1,072
Reference price 2 3.8000 4.0000 3.4200 4.0200 2.0000 0.8400
Nbr of stocks (in thousands) 345,855 345,855 345,855 500,651 500,651 500,651
Announcement Date 2/26/21 2/25/22 2/23/23 3/1/24 2/28/25 3/2/26
1THB in Million2THB
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.06x6.28x - 2.38% 282B
12.44x9.95x - 2.17% 268B
10.75x - - 2.06% 203B
14.72x5.3x8.79x1.41% 157B
15.76x10.59x17.15x2.14% 78.38B
9.52x1.26x - 3.69% 56.18B
18.55x10.43x11.73x0.67% 42.54B
8.57x3.94x - 3.87% 39.81B
30.47x4.26x5.38x0.51% 37.56B
Average 14.98x 6.50x 10.76x 2.1% 129.41B
Weighted average by Cap. 13.60x 7.21x 10.86x 2.12%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Finansa

Historical PBR trend

Valuation ratios - PBR - Finansa

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Finansa

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Finansa